Beacon Financial Advisory LLC Has $1.81 Million Holdings in First Trust Low Duration Opportunities ETF $LMBS

Beacon Financial Advisory LLC lessened its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 44.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,264 shares of the company’s stock after selling 28,711 shares during the quarter. Beacon Financial Advisory LLC’s holdings in First Trust Low Duration Opportunities ETF were worth $1,806,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Palisade Asset Management LLC acquired a new stake in First Trust Low Duration Opportunities ETF in the 3rd quarter valued at $26,000. Bank of Montreal Can increased its position in shares of First Trust Low Duration Opportunities ETF by 169.0% in the fourth quarter. Bank of Montreal Can now owns 737 shares of the company’s stock valued at $37,000 after acquiring an additional 463 shares during the last quarter. Hazlett Burt & Watson Inc. raised its holdings in First Trust Low Duration Opportunities ETF by 38.5% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 900 shares of the company’s stock worth $44,000 after acquiring an additional 250 shares in the last quarter. Motiv8 Investments LLC bought a new stake in First Trust Low Duration Opportunities ETF during the fourth quarter worth about $56,000. Finally, Flagship Harbor Advisors LLC acquired a new position in First Trust Low Duration Opportunities ETF during the fourth quarter valued at approximately $69,000.

First Trust Low Duration Opportunities ETF Price Performance

Shares of NASDAQ LMBS opened at $49.74 on Friday. The stock has a 50 day moving average price of $49.82 and a 200 day moving average price of $50.00. First Trust Low Duration Opportunities ETF has a 52 week low of $47.87 and a 52 week high of $51.98.

First Trust Low Duration Opportunities ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.17 per share. The ex-dividend date was Thursday, June 25th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

About First Trust Low Duration Opportunities ETF

The First Trust Low Duration Opportunities ETF (LMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund that invests in a variety of mortgage-backed securities with target duration of less than 3 years. LMBS was launched on Nov 4, 2014 and is managed by First Trust.